ZIP Code 47553

In ZIP code 47553, near Washington, homes carry a median value of $209,400, while the county's 0.54% effective property tax rate translates to roughly $1,131 a year on such a house. With median household income at $74,234 and per-capita income at $33,687, that annual tax bill amounts to about 1.5% of a household's earnings. Combined with a 7.00% sales tax rate, the area keeps ownership costs within reach for many working households, though buyers on single incomes may feel the squeeze more sharply given the lower per-capita figure.